American Apparel said it also is working with advisers on potential strategic and financial alternatives, which may include refinancings, raising new capital or restructuring existing debts.
Mounting Losses
The company has racked up more than $300 million in losses since 2010, spurring...

Company attorneys filed the court papers in Los Angeles Superior Court on Friday, the same day Charney opened a separate case by filing a $30 million defamation lawsuit against American Apparel.
In their court papers, American Apparel attorneys said Charney violated company policies...

For Charney to succeed, he would need to get the company and its creditors to accept his offer. If they refuse, Charney and his financial backer would then need to persuade the judge to reject American Apparel's reorganization plan.
Spokespersons for Charney and his financial adviser,...

LOS ANGELES, United States — American Apparel Inc. on Monday reported a loss of $25.6 million in its third quarter.
The Los Angeles-based company said it had a loss of 14 cents per share. Losses, adjusted for non-recurring gains, came to 18 cents per share.
The casual clothing chain posted...

com Your Morning Fashion and Beauty Report: The Beckhams welcome baby Harper Los Angeles Times (blog) She already inspired her fashion -designer mother to create a collection of "girly-girl" dresses while pregnant. Word is that Christian Louboutin is sending over a pair of custom red-soled...

Your morning fashion and beauty report: Gwyneth Paltrow, Orlando Bloom and ... Los Angeles Times (blog) The Mulleavys were among the guests last week at San Francisco's MH de Young Museum opening celebration for "Balenciaga and Spain," a 120-piece fashion retrospective of the couturier's...

Daily Mail Your Morning Fashion and Beauty Report: Christophe Decarnin out at Balmain ... Los Angeles Times (blog) When Decarnin was absent from the line's runway shows during Paris fashion week in March, the label said he was tired and resting. The news release Balmain issued this morning was...

American Apparel's losses have only accelerated since the board suspended Charney in June 2014 and fired him in December for alleged misconduct. Even as announcing a turnaround plan, which included revamping management, toning down its erotic marketing and closing stores, sales fell 14...